This upper-level undergraduate text provides an introduction to industrial organization theory along with applications and nontechnical analyses of the legal system and antitrust laws. Using the modern approach but without emphasizing the mathematical generality inherent in many of the arguments, it
Industrial organization
โ Scribed by J. R. Church, Roger Ware
- Publisher
- Irwin/McGraw-Hill
- Year
- 1999
- Tongue
- English
- Leaves
- 1023
- Category
- Library
No coin nor oath required. For personal study only.
โฆ Synopsis
Through an effective blend of analysis and examples this text integrates the game theory revolution with the traditional understanding of imperfectly competitive markets. The book's focus is on strategic competition and how firms can shelter their market power and economic profits from competitors. This focus establishes the intellectual foundation for determining business practices that warrant antitrust examination and prohibition and underlines recent activist antitrust policy. The author's stress an integrated understanding of industrial organization and the development of students' analytical abilities.
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